SFX Markets - Forex Broker information, rating, reviews

https://www.sfx-markets.com/

Status

Regulation

FSA

Trading software

SFX

Headquartered

84 Spyrou Kyprianou Avenue, AGP Chambers 4004 Limassol, Cyprus

Being founded in 2011 SFX markets forex broker has already been working by now on the global currency markets for five successful and highly productive for the broker’s customers years. sfx markets broker offers to the international traders’ community all the main industry products and services including online trading currency pairs and contracts for difference for various financial assets. sfx ltd offers very competitive spreads starting from as low as 0.1 pips which is one of the best forex spread offer in the industry. sfx forex also provides trading indices. The broker works on Straight through process mode, so a customer’s trading orders are not influenced by the broker as a dealing center. sfx markets reviews are a helpful auxiliary tool which can assist a trader in their trading on news. The fact that the sfx markets allows and greets various trading strategies makes the company best broker for scalping and hedging. sfx markets forex provides its clients trading with mt4 platform and SFX . sfx online educational webinars will help a novice trader to learn the basic fact about currency markets and the usage of trading software and strategies.

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SFX Markets trading information

WWW

https://www.sfx-markets.com/

Address

84 Spyrou Kyprianou Avenue, AGP Chambers 4004 Limassol, Cyprus

Headquarters

Limassol, Cyprus

Free phone

+357 25 281 781

24 hour support

Free education

Mobile trading

Automated trading

Daily analysis

Demo account

24 hour trading

Commissions

Digits after the dot in quotes

5

Minimum position size

0.01

Pip spread on majors

0.1-3

Spread Type

fixed

Leverage

100:1

ECN, $

Standard account, $

300

Mini account, $

300

Popular payment methods

bank transfer, Neteller, ePayments

Account currencies

USD, EUR

Other instruments

gold, commodities, CDF

Languages

English, Russian

Platforms

SFX

Broker type

Broker, STP

Regulation

FSA

Foundation

2011

SFX Markets materials

Great option for beginners. Company offers many free features to help me develop my trading plan. I would say that some experienced traders could get lots of useful information from webinars too. Online courses and webinars helped me to develop the base of understanding fundamentals. It’s about market structure, variety of trading strategies and market analysis. Moreover, broker offers market review on daily and weekly bases. I honestly wouldn’t say it works perfect but helps me to filter some wrong signals based on my own approach. Good broker in general.

I've registered demo account and got tens of phone calls from support. They've asked me how is my trading and if I'm ready to open a real account. They don't want to know if I cannot trade profitably. The only purpose they make phone calls is to make me to open real acct and deposit real money. Doesn't matter if their customers lose money. I always thought broker is supposed to care about customers but not to force them deposit as much money as possible. But I think problem not only in my inability to trade profitably. It comes from lack of appropriate information how to use platform and how it works with different asset classes. For example, when I trade CFD on gold and low liquid stocks, I get the same quality of execution. It doesn’t have to be like that. This is absolutely different instruments and gold is supposed to be more liquid than any stocks. But it’s not.

STP order execution is not good as expected. I invested $20K to get support for fix API trading but it has some bugs that make whole process not effective. I think to take a time out and wait until they fix delays. Definitely, twenty thousand dollars as initial deposit should guaranty much better processing and liquidity access. It seems a bit raw technology but they said it will be fixed in the nearest future. Let's wait.

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